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US businesses boosted stockpiles 0.4 pct. in March

US businesses boosted stockpiles 0.4 pct. in March

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WASHINGTON — U.S. businesses increased their stockpiles in March, and sales increased by the largest amount in 10 months.

Stockpiles rose 0.4 percent after a 0.5 percent rise in February, the Commerce Department said Tuesday. Sales in March jumped 1 percent, the largest advance since May, after a 0.9 percent increase in February.

Both months represented a solid rebound after a 0.9 percent sales decline in January that was blamed in part on the harsh winter weather.